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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Indonesian Rupiah/Swiss Franc (FOREX:IDRCHF)

Bear Market Rally (-75) - IDRCHF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IDRCHF as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid IDRCHF?

MarketClub looks at technical strength and momentum to determine if the timing is right for IDRCHF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_IDRCHF
Open High Low IDRCHF Price Change
0.00005583 0.00005593 0.00005583 0.00005592 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IDRCHF

long term down The long-term trend has been DOWN since Jan 26th, 2024 at 0.00003036

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.00005617

short term up The short-term trend has been UP since Apr 16th, 2024 at 0.00005688

Smart Scan Analysis for IDRCHF

Based on our trend formula, IDRCHF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for IDRCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00005583 0.00005593 0.00005583 0.00005592 0.00000000
Prev. Close Volume Bid Ask Time
0.00005583 2024-04-19 00:28:14
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